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or a statement on your part about the economy or the environment? how would you describe it? >> less about the environment and more about the value you create when you combine airline networks, there was no better tune in our viewer for our shareholders than to enter into this merger. is creates the value. this will create a billion dollar a year in synergy, that goes to the shareholders. >> from our perspective, you know at american we have completed what is most successful restructuring in airline industry, because we have done that we were able to negotiate a deal with doug that was very sensible and in fact means that the owners of american will own 72% of the newly merged enterprise. neil: finally, your view of the economy right now, and notion that president and state of union address other night that things are getting better. that, is back. markets are storming back. and that in this environment, there is more room for the government to spend, more room for companies to look forward to what he has to offer, do you share that view? >> i've leave out the political view on government
-d environment and it gives them the flexibility of having convenience. it addresses transportation difficulties from mainstream outpatient treatment and it gives them the opportunity to access resources for their recovery process anytime that they choose. our virtual world program is for the adolescent, age ranges from 18 to 28. and it's online, virtual world counseling, so you can do individual sessions as well as group sessions at your accessibility. so anytime that you are available to do sessions, it's kind of at your fingertips. our premise has not ever been that virtual treatment would be better than traditional treatment. it has always been to be able to provide treatment to those people that have bahriers to getting traditional treatment. there's many clients that are unable to access traditional treatment, especially if they live in rural areas. maybe they live 40 or 60 miles away from the nearest treatment facility. maybe they have lost their license because of a dwi charge or maybe they don't have a vehicle or can't afford a vehicle, can't afford gas money. so we found a
creates a welcoming environment for everybody. there is no cultural barrier to entry. >> the demographic of people who come will match the demographic of the reader. it is very simple. if we want more people of color, you book more people of color. you want more women, your book more women. kind of like that. it gets mixed up a little bit. in general, we kind of have a core group of people who come every month. their ages and very. we definitely have some folks who are straight. >> the loyal audience has allowed michelle to take more chances with the monthly lineup. established authors bring in an older audience. younker authors bring in their friends from the community who might be bringing in an older author. >> raider has provided a stage for more than 400 writers. it ranges from fiction to academics stories to academic stories this service the underground of queer fell, history, or culture. >> and there are so many different literary circles in san francisco. i have been programming this reading series for nine years. and i still have a huge list on my computer of people i need to ca
do the reverse? >> what i say is that generally in the environment we're in thou, we're seeing a pick up in u.s. growth, pick up in chinese growth. we're starting to see a pick up in demand for key industrial commodities. i think at this point you're starting to see investors shift away from the cyclical commodities such as gold. >> it's shifting away from the nor defensive types of assets and even more in the commodities space moving more to the industrials. >> paladium, platinum up at seven-month highs. what is behind that? >> we're starting to see a pick up in growth in china and the u.s. the world's two largest economies. also you're seeing issues on the copper. there are a lot of problems in terms of getting these medals out of the ground. for platinum, 80% of it is produced in south africa. when you have labor issues, it has a big impact on supply. on the palladium side, we have the russian state slowing down substantially. it's stockpiled sales. you're seeing a squeeze -- >> supply side issues, as well. >> absolutely. and you're seeing a pick up in demand. that's been driving p
. risks will come down. but we're still in an environment where you need to focus on the risks out there. >> i don't think that's anytime soon. >> and that will be very important. >> i think investors need to focus on that down the road. for now, it's not going to be a factor pore probably most of the year, we would think. >> and i guess a little surprising is the economy feels like it's starting to turn. if you look at housing, if you look at what we hear from a lot of ceos about what's happening at this very moment, they feel okay with that. it's just when you ask them to give you guidance for the next quarter or the next year, they say they can't see that far. >> and i think it comes down to having things like the ee quester. certainly a reconciliation after the fact that the u.s. is spending so much more than it brings in. i think one of the interesting things, just around rates, bullard yesterday, for example, said that he expects 3% real growth this year. so 3% real growth and 2% inflation, that gets me to march like a 5% ten-year. we're nowhere close to that. lloyd blankfein was o
in the future saying this is a low growth environment. the new norm. as a result, they are all competing for the same market share, which typically, leads to pricing pressure. there's not a bigger pie growing. it's, rather, how do we slice up the pie today. >> spreeing to hear in light of the fact that the stock market is back to historic highs, but that's driven by profits of companies saying they may not have the leverage any longer. interesting to see they feel slower growth in the brick countries, but hope coming from beyond that. >> yeah, uh-huh. this year, the brick countries historically slowed down a little. you have optimism from china in the last six months, but they are moving into the next generation being a malaysia, indonesia, africa, turkey, and the like. corporates focus on that rise in consumer for opportunities to diversify the revenue stream and go after the growth. >> fascinating. look at the consumer at home and what's going on here and holding back, they are worried about the impact of higher taxes on the consumer. 77% of the american population saw the paycheck shr
his state of the union address. protecting the environment has long been hollywood issue as you know. no, i wasn't there but the organization that i'm involved with, rain forest action network, their people were there. and -- >> so when you heard the president speak last night about climate change and that we must do something about climate change, was that enough for you? >> no, no. i mean, look, i'm a huge supporter of obama's. it's the first president i ever donated money to. but i think in terms of climate change and the environment, he's been at best disappointing. i thought it was decent rhetoric and i don't know if there's any teeth to this but, you know, look, it's complicated. he can't -- i think politicians feel like it's political suicide to be talking about the environment. the time has come when we're in a planetary emergency here. i think he could be using the bully pulpit more here. >> last night he said for the sake of our children and future we must do more to combat climate chang. we can choose to believe that superstorm sandy and the worst drought in decade -- >> w
in this constrained budget environment. we must help ensure dhs become a better stewart of tax dollars. recommendations by today's witnesses will help us better understand the issues that dhs faces and identify ways to help dhs improve. i look forward to their testimony. the chairman bomb that recognize the ranking member of the subcommittee, for any statement he may have. >> thank you mr. chairman. it is a pleasure to be here. i welcome witnesses and members of the subcommittee. i am looking for to working with the chairman and a bipartisan and productive manner as we conduct oversight in the department of homeland's security and other security functions. it is apparent, having met with the chairman at length, that we see eye to eye on many issues related to the efficiency and effectiveness of the department. i appreciate his collaboration as we move this important agenda for tweets this is our first subcommittee meeting at cannot think of a better issue to examine. the department of, security has one of the largest budget in the federal government. each year brings in $40 million in
to establish safe environments for students. >> congress continues to avoid sequestration. harry reid is catching heat from democrats. he is sticking to his plan that calls for a 50/50 split between spending and cuts. many say the plan needs to cut more spending and end up along the lines of an 80/20 split. if no deal is reached by march 1, cuts will take place. >> warren buffett is getting into the food business. arch are half weigh is teaming up with three g capital to buy -- berkshire hathaway is teaming up with three g capital to buy heinz. the mu has to be approved. shareholders expect to close it and the third quarter -- shareholders expect to close it and the third quarter. coming up people and one group are turning their heart ache around and using it as fuel to help themselves. >> some happy couples are tying the knot today. >> a milestone for the redskins today. >> here is a live look outside this noon. >> you're watching abc 7 at noon with scott thuman and cynne simpson. this is abc 7 news at noon. on your side. >> metro is proposing a deal in hopes of bringing the fbi's ne
environment to persist in 2013. >> reporter: a stronger euro makes imports of u.s. goods cheaper, and that could give some u.s. companies a boost in european sales. >> they'll get the most benefit from taking those euros that they earn abroad in europe and bringing them back home to the united states, where the currency has now become a little bit weaker. it'll have a little bit of a tailwind to their profits. >> reporter: much of the money printing in the u.s. and japan will likely pour into developing economies as investors hunt for bigger returns, but it could also inflate the currencies of those countries and create an asset bubble. >> the more monetary easing we see in the major economies, the more we are going to see a move towards interventionism and capital controls in the emerging economies. >> reporter: analysts say, come the g-20 meeting this weekend in moscow, any talk of a currency war will likely take place behind closed doors and away from the scrutiny of currency watchers. ruben ramirez, "n.b.r.," new york. >> susie: those tensions over foreign currencies will be
is a matter of social justice. but if we can't have environments where students feel comfortable attending school, being comfortable with themselves and in themselves in a school environment we will never have students that are predicated in a way to be able to learn. we have to have safe schools. so what we did this year, when all of our administrators came back from summer break, every administrator from principals to the purchasing manager, everyone saw bully this year. and we spent a full year with our bifl department of student, family and community resources, we spent a full day debriefing that movie and going through a process where we talked about it and it was amazing to see grown adults having these realizations about what bullying meant to them and having a commitment from every administrator in our district that we will not allow that to happen this year and that will be one of the focus areas this year. so the ability to have these children now watch the movie as well was extremely moving to us yesterday. i just have to share one anecdote from that movie. we had a question
some money and the environment at the same time. go shopping. we'll explain just ahead. >> pretty much cloudy all day, but sun is in our future. don't miss the updated first warning forecast with bob. >>> it is cloudy, 52 degrees in central maryland right now. the complete first warning weather forecast is coming up. >>> it was a successful launch into space but the mission is all about earth. alex demetrick reports, land sack eight is the latest experiment of a mission dating back 14 years. >> ignition and lift off. >> reporter: the launch from bande nburg air space was picture perfect right into orbit. >> full thrust, everything is looking good. >> reporter: lan said it would take over satellites launched 14 years ago. >> it's giving us a new look at how the plant is changing due to natural and human effects. >> reporter: like the change in rivers where they swell into floods. and the change in up as cities grow and expand outward. a time lapse covering years and a mission controlled in maryland at the godard flight center. >> the continuity
this great nation. our soldiers today operate in a most uncertain and unpredictable environment. it is the most dynamic and unpredictable i have seen in my over 36 years of service. unlike post-conflict drawdowns, where we have a termination of conflict due to a police treaty or a political decline of a -- peavece trearty or a political decline of a superpower, instead today we have 81,000 soldiers deployed, including 50,000 fighting in afghanistan, and thousands of others in kuwait, in the horn of africa. over 91,000 soldiers are stationed in over 160 countries. we have been in a continuous state of war in the last 12 years, the longest in our history. but today, in my opinion, the greatest threat to our national security is the fiscal uncertainty resulting from a lack of predictability in the budget cycle, a series of continuing resolutions, a threat of sequestration hanging over our heads, our country's inability to put its fiscal house in order compromise is the full readiness of the joint force, army, and will impact our ability to provide our security to our nation. we hav
too in a negative real interest rate environment but we are a little bit more underweight this year than we were last year just because we think the risk of economic global calamity is certainly less than it was at this time last year. so don't see gold as strong as it was last year. david: kevin, this is what i don't understand about the current market. a lot of people say it is not going to be growing this year as much as it was last year. last year we had all the uncertainty. uncertainty about europe. uncertainty who would get elected in the state. uncertainty if the president was reelected what would happen with taxes. we have a lot of uncertainty nailed down or more or less so. we still have questions about the debt, et cetera. with more certainty now why isn't the market set to increase as much this year as it did last year? >> well, when you get, when you have more risk you have more reward, right? when you have more certainty, certainty l certainly we've seen a rally on that. but we would be surprised we saw the returns for 2013 like we did in 2012 because there was more unc
academic environment, the 24-hour aspect, and constant access to role models. why wouldn't all of those things be just as important for poor kids as it would be for rich kids? >> we believe very strongly that there is a group of kids for whom the answer is a 24-hour supportive educational environment. and they're not gonna have a shot if we don't give that to them. >> it all starts here. the seed campus is a four-acre oasis, a safe zone where 340 kids can focus on school free from distractions back at home. >> everyone has their own coordinate grid. >> seed's goal is to prepare these children academically and socially for college and beyond. the students enter in sixth and seventh grade, 90% of them performing below grade level. charles adams is the head of school. >> we are a public school, and we have a lottery. we get what we get. it could be an honor roll student. it could be a student three, four grade levels behind that's struggling with a number of issues at home. so we get the gamut. >> i was told you have kids who come here in the sixth grade reading at a second-grade level. >>
country's most vulnerable people that we create healthy environments and green spaces and by country men and women become fully conscious of their ability to change things for the better. >> baptist from haiti. my wish is for more justice, economic as well as social justice, starting with the recognition that poverty is not a sin. >> i wish for wish for a world without boarders and walls, age 53, argentina. [ applause ] >> i wish for a world where the children are more just and more kind and fair in the world than the one we know. president, barack obama. >> and now, this is a good one, that donna and i can very strongly identify with. i wish that male fashion designers would be forced to wear the things that they create for women like stelleto heals and it gets better. and that all politicians would have to live by the rules and laws they come up with for the rest of us like the ones on food stamps and the minimum wage by isabel, ienda >> i promise that i will not take my clothes off in public. >> i wish it would snow in the morning so nobody does not have to go to school for two weeks,
that authorities can find out if it has harmed the environment. >> north korea is so poor. if the situation becomes worse, this city will be flooded with north korean refugees. >> the un security council has condemned the north korean nuclear attacks and said that they will take further action, but if new sanctions are to be introduced, they will have to employ china as the main backer. beijing will want to send a tough message to pyongyang, that this type of behavior will not be tolerated. and if the sanctions and not tough enough, they may get away with this nuclear attack. but if the sanctions are too harsh, north korea may lash out again. >> martin patients on the border between north korea and china. magazine editors have defended their decision to publish those of the duchess of cambridge on a private holiday. the royal family says the pictures are an invasion of privacy. six months ago the same italian government magazine published photos of the duchess on holiday in france. we are joined now by the australian women's day magazine, planning to publish the photos on monday. nick, what does th
with that. now is a great time for opportunity. >> what about the idea that the regulatory environment is getting tougher from the epa to the financial regulators, dodd-frank, basel. business faces a different situation than decades ago. >> i don't think so. i remember acquisitions with at&t we didn't know. it was tough. we spent a great deal of time in the political and regulatory part of the business. it was touch and go. i'm not sure it change sod much. >> okay. what about the global story? people say in the last several decades, you know, american business was really riding a wave of globalization. today you're more likely to hear about jobs in buffalo and in michigan than in bangalore, india. are economies looking inward? >> i think so. there are some coming back. that's a good sign. >> you think it's a good sign that it's not the globalization openness we saw a few years ago and now economies are looking inward? >> glad to see us bring jobs back to this country and rethink that. that's helpful. >> final question. what do you drive? you driving a gm? >> i am driving a gtm cadillac
? >> well, again anybody's who's been in law enforcement knows it can be a really tough bullying environment for rank and file cops. cops will tell you it's a tough environment. those rigged rules, might sometimes makes right. anybody who's been in law enforcement knows there's a lot of sucking up that the officers have to do. they have to see things they don't agree with and have to deal with that. we'll see if they have some sort of inquiry. it would be good if this were to open up when this current crisis is over, an examination of police departments generally the way they treat their people. the number one complaint of cops in places that i'm aware of is the way they're managed and the way they're treated internally. the public thinks it's about what they do to the cops, but actually, the cops will tell you, they feel mistreated a lot in a lot of police departments. cenk: last question for you. is this still a significant issue within the lapd where they target african-americans or minorities within the force? >> i don't think it's a minority or oh demographic issue at all with the lapd.
of climate change and the environment, he's been at best disappointing. i thought it was decent rhetoric and i don't know if there's any teeth to this but, you know, look, it's complicated. he can't -- i think politicians feel like it's political suicide to be talking about the environment. the time has come when we're in a planetary emergency here. i think he could be using the bully pulpit more here. >> last night he said for the sake of our children and future we must do more to combat climate chang. we can choose to believe that superstorm sandy and the worst drought in decade -- >> well, that's great. but let's not drill in the arctic, which he was promoting. i think, you know, i think that he could be doing more for regulations with the environmental protection agency. some of the things that have come up they've ignored. i think he could be doing a lot more. it takes a lot of political courage. we're at a time when it comes to jobs and growth, people don't want to hear about it. we've got a cancer going on in this planet. we don't always see it but we're starting to see the finger
environment, like the shooting range like this one. but last saturday, when he brought former marine 25-year- old eddie ray roth to a shooting range, he turned his weapon kyle. >> three men arrived at the rough creek lodge around 3:15 p.m. on the day of the murder. around 5:00 p.m., hunting guide that works for rough creek came across the two men. they were unresponsive. apparent gunshot wounds. >> reporter: kyle moved back to texas to be with his family after leaving the navy seals in 2009. he became famous following his best-selling book, american sniper, where he describes his 150 confirmed kills, appearing on "the o'reilly factor." >> so you were committed to killing these people because you and your heart believed that they deserved to die. >> i wasn't so much committed to killing them as i was, i'm committed to making sure every service member that was over there, whether american or allied, came home. >> reporter: kyle paired with fitco cares foundation, a nonprofit providing life coaching to in-need veterans. his friend, chad littlefield, was also gunned down. the attorney claims his
weeks in a controlled environment, and hope for a special kind of chemistry. >> chemistry is when 25 guys know their role and they know if they do their role, it can be expanded. that's good chemistry. >> reporter: the nats have already started to develop that chemistry and also seem to be in step when it comes to confidence which trickles down from the skipper who sounded the first shot in the off- season saying it's world series or bust. >> that's what everyone thinks you know. i've been thinking that since 2004 when i was in the minor leagues and thinking they we have to win the world series this year. but i mean obviously you set high expectations for years. now they've come to reality. >> i think that's what every team should think going into spring training. immingle obviously you have your doubts and -- i mean obviously you have your doubts and you know how realistic that is. i would hope they would say yes. >> so they're confident and they have chemistry. you put them together and there could be one more c.. championship. >> it's more about 25 guys taking care of number one,
that they are in a safe environment. >> i'm very concerned. because if it can happen to him, it can happen to anybody else. you know, if the person who took his life wasn't scared to do it, they could do it to anybody. >> reporter: this murder will be the focus of a special campus wide meeting tomorrow. in fact, the school has canceled classes for one hour so that all students, faculty, and staff can attend. at ume, derek valcourt, wjz eyewitness news. >> maryland state police say police were offering a $2,000 reward for information that helps lead to an arrest. >>> weerm, following a-- wjz, following a developing story. a johns hopkins doctor, under investigation by city police, is dead. denise has details in the newsroom for us. >> reporter: 54-year-old nikita levy's body was found at his home in towson. police tell us the former johns hopkins gynecologist was under investigation for secretly recording patients. according to police, earlier this month, levy was fired by hopkins, when another employee reported the allegations to hopkins security staff. in a stat
with the annual state of the union address. on the environment, obama called on lawmakers to take action against global warming with a number of victims of gun violence in attendance, obama also urged congress to vote on new gun control measures, including background checks and bans on massive ammunition magazines. >> congress will not act soon enough to protect future generations. i will. i will direct my cabinet to come up with executive actions we can take now and in the future to reduce pollution, prepare our communities or the consequences of climate change, and speed the transition to more sustainable sources of energy. it has been two months since newtown. i know this is not the first time this country has debated how to reduce them violence, but this time is different. overwhelming majorities of americans, american that believe in the second amendment, have come together around common- sense reform. >> president obama also called on congress to raise the federal wage and toation. in afghanistan, obama announced his plan to end the longest war in u.s. history by withdrawing half of the fo
are not generally willing to pay for access to content. in a digital environment. they are interesting -- they are interested in supporting brands. i think they are interested and still willing to pay for experience. experiences are different than access. to be a little bit more precise about this, the old model used to be you give us $35 and we give you 20 issues of print. for a very long time, until the web and all the business models were disrupted. now, our model is you give us $35 and you get print but you also get our experiential products. it did -- the digital colom is all the things i was talking about before. unlimited access, commenting, several things in that list. you get access to subscriber- only events, which we are doing at least once a month in major cities and some secondary markets, ann arbor, austin, places where there are a lot of people interested in the type of journalism we do. whether or not that will be enough is an open question pri is certainly part of the trend where journalists are not just researching and writing. they are researching, writing, promoting
environment than impactor traffic operations. the test sites will also inform the agents he has we develop standards for certifying unmanned aircraft to determine the necessary air-traffic requirements. in addition to the test sites, essay is published a notice in the federal register, asking the public to review privacy language and provided good. the broad outline of the privacy proposal will require each site to ensure their privacy policies address the following. notice for awareness, choice and consent, access and participation, integrity and security and finally, enforcement mechanisms to do with violations of these policies. the faa thinks a test sites will provide important information that will inform our uas process moving forward. with respect to research and development efforts, we are working in four areas. control and communication, maintenance and repair and human factors. research in all four areas is critical as the opening statements have mentioned. a written statement contains more details on each area, but i'd like to take a moment to highlight the work we are doing wit
our ability to grow our economy and provide an environment where all americans have the opportunity to lead healthy, safe and productive life. that's what brings us together here today, because sequestration is about more than numbers on a ledger. they are real people behind these numbers and their lives and livelihoods are on the line. these cuts have consequences, and every american will pay the price. with fewer food inspectors will be more susceptible to foodborne illness. will be a greater risk of deadly disease outbreak as public health laboratory schools. with fewer air traffic controllers, flights will be curtailed. classroom size will increase as teachers are laid off. national parks will close. we will be less safe with fewer police on the streets, and we will wait longer to cure debilitating diseases like cancer and alzheimer's. today, ndd united is sentiments of congress and the white house a 72 page letter signed by 3200 national, state and local organizations, including those represented here today, to stop the political brinkmanship come to stop cutting for cutting sa
. it will need to be done in an environment where as we broaden the base, we both contribute to deficit reduction and hopefully are able to lower rates. on the business side, we have a contradiction in our fiscal tax system. our statutory rate is high. our effective rate is not as high. when you look at the united states against other countries, it the statutory rate makes the u.s. look unattractive compared to others. for individual firms, their average tax rate is much lower because of all of the complicated provisions that are part of the code now. it would be a challenge to take on those individual credit. there's no way way to bring the rate down. that is something i think we need to do to maintain competitiveness abroad. >> you still believe that going down the road we need to reduce that to get the rate down? >> i do. when one looks at a table of international tax rates, it stands up at u.s. statutory rate is high. it is a complicated story to tell that the average rate is lower. it does not affect all businesses equally. we need a simpler tax code. >> could you briefly comment on somethin
to learn how uas operate in different environments and how they impact air traffic operations. the test sites also inform the agency as we develop standards for certifying unmanned aircraft and determine the necessary air traffic requirements. in addition to the test sites, faa is publishing a notice in the federal register asking the public to review draft privacy language and provide input. the broad outline of faa's privacy proposal will require each test site to ensure their privacy policies address the following: notice or awareness, choice and consent, access and participation, integrity and security, and, finally, enforcement mechanisms to deal with violations of these policies. the faa thinks the test sites will provide important information that will inform our integration process moving forward. with respect to faa east research and development efforts, we are working in four areas, void, control and communication, maintenance and repair, and human factors. research in all four areas are critical as the opening statements mentioned. my written statement contains more details o
clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-411-7040 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. bill: want to get back to the shooting in wilmington, delaware, at a courthouse there. police at the moment are going door-to-door after this courthouse shooting to make sure that the entire scene is secure. the mayor says a man suspected of killing his wife and wounding two others at the county courthouse in new castle is dead. that is according to the ap. mayor dennis williams says the shooter was killed by police. he was also told the man shot and killed his wife and wounded two others about 8:10 a.m. eastern time. which would have been 2 1/2 hours ago. williams, also, the mayor, williams, says the couple was estranged at the moment. so we're working more on that story out of wilmington, delaware. martha: los angeles authoritie
what it is like to be a policy maker trying to do different things in a partisan environment that have come to make the case why the fiscal challenges are so pressing. it is still import we were to come with a comprehensive plan to address them. campaign to fix the debt has been around for not very long but has amassed a tremendous group of support. from citizens across the country where we have 350,000 citizens to have joined the campaign, a present in 50 states, active organizations in 23 states in growing, partnerships with 205,000 small businesses. , and organizations all coming together in a way the country has to to explain why making tough choices of putting in place the policies that were required to get a hold of our nation's fiscal challenges is so important. i am proud to be joined by this tremendous group of former members of congress. i am going to turn it over to one of our three cochairs. do you have senator judd gregg and a few other people representing this new council. thank you very much. >> it is a pleasure to be here was so many of my former colleagues to serve thi
of the city, which was fountain square and environs. >> infrastructure. >> we had an infrastructure strategy. develop the banks, which is the river front. and begin to redevelop -- >> not your banks. the banks of the river. >> i was on board. >> the banks of the river. not the other banks. to your point, at the local level, a group came together, it was clearly in all of the stakeholders -- >> and that's a lot better than going to the federal government begging for that money and then the rest of the 49 states pay for it. >> it's all about leadership. if somebody has the courage, you know, to make a declaration about what winning might be, i think you'd be surprised at the number of americans that would stand up and stand behind it. >> so, a year ago, we'll just, you know, you did run. &g, we'd be remiss. >> three years ago. >> right. but a year ago, i looked at your successor and he was, i mean, there were -- did you make barbarians at the gate? who did you say made that up? >> eddie -- >> but he did and you got in trouble for saying it. anyway, for whatever reasons, mcdonald's was under as
to believe them. melissa: how do you pick your bets in this environment? do you buy the index? do you buy etf? do you buy real estate? >> i like etf's. you know that. the symbol is rfp. it says if it is a broadening, rising market, you want to get into the goal weight etf's. you want to get the equal movement. melissa: david kotok, thank you so much for coming on. lori: senate democrats are offering an alternative plan. republicans already saying it does not stand a chance. here is rich and sends in washington with the latest. rich: congress settle taxes earlier this year. they are offering a minimum 30% effective tax rate for income for more than a million dollars. cutting spending on the military that appears to drop anyway. ending direct farm subsidies. the white house approves saying republicans in congress face a simple choice. do they protect investments and health care or do they continue to prioritize and protect tax loopholes that benefit the very few? republicans are waiting for the senate to vote first. >> when the senate passes a plan, we will be happy to take a look at it. until
that are better places to the entrepreneurs and others. >> we need to provide an environment that says we want you to do good business and create jobs but also going to support u.s. people in your own personal agendas to help your community and nation and someone. connell: what are you doing? >> united nations foundation made a commitment to entrepreneurs to help them stepped into not only their business but their philanthropy and using their technology and innovation to help solve global problems. connell: where are you making the most progress? are there surprising results? people would say go to the united states go to silicon valley there are plenty of entrepreneurs but are there other places where it is surprisingly you are seeing strong growth in entrepreneurs? >> in the development space is interesting, not just charity anymore but i am going to create some innovations that might save lives. if you look at malaria deaths have been cut in half in 11 countries in the last five years that is the cause technology of the long-lasting, entrepreneur created. connell: not just people throwing money
and gold is going to do well in that environment, unfortunately the u.s. will suffer. stuart: we appreciate you being on the show and come again soon. >> thank you, sir. stuart: president obama and tiger woods teed up. and the tax refugee, who he is. the media did not have access to the outing if you're looking for video or pictures, they are not available, but the president golfed with tiger and that tiger woods story brings us nicely to the next subject, hiding assets during a divorce. attorney phillip siegel is with us, welcome back to the program. you deal with high-end people, they hide assets during a divorce that confuses the other people. i've got that. bring it down to earth for me. most of our viewers are not super high-end, super wealthy, they're in the middle ground. bring it down to earth. how do ordinary people hide -passets from their former partr in a divorce? >> well, it's important to say that studies show that while married, about half the people, half the people conceal financial transactions and don't tell the full truth. stuart: ooh, phillip siegel now you're touching
' money other than stocks because of the low rate environment. andrew, how are you investing right now? >> well, we're probably going to go ahead and move in this market. looks like the pullback is more likely 1650 back to these levels. so more than likely now is probably the time to ease into the market. you've got tremendous momentum and breath here. you're fighting the tape, as they say. this is probably the time to deploy. >> meanwhile, rick santelli, the race to the bottom of the currency markets was interrupted today. horror of horrors. japanese officials saying they don't want the currency to go much lower. and the euro moving higher as well today. >> once you put that machine in motion, i don't know if you can stop it. and bill, i find it so telling you have so much more outrage about a maker's mark liquidity injection than the fed's liquidity injections. >> what's your point? >> that's a story for another day. because that's not good for either. a 20-year chart of the dollar index looks like it's going to be going at these levels for awhile. they look like they're going to sta
to create an environment that's friendly to firms to create jobs. >> the tax burden -- i was going to say, the tax burden on corporation is the lowest it's been in decades. >> because they're locating the jobs overseas. that's how the curve works. >> 11 european union commissioners, including the conservative finance minister of germany has signed on to the financial transaction tax. i think you're seeing an understanding of a 21st century economy and how it treats capital. not in this country, not from the republicans. but if i could just say one important thing. last night, the investment, the call for the investment in universal pre-k early education. this is an investment -- >> woodruff: yeah, i wanted to ask you both quickly to respond to that. >> any advanced country understands this is a public investment in our children, our future, and if we want to see upward mobility restored in a country that prides itself, has prided itself on that, this is one step. >> and i think this is one place where, refreshingly, we might see some bipartisan action because i think most republicans i ta
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